Average Price for property in Norbury is around £510,301 which varies based on type of property you are interested in and ranges from £959,479 for detached house to around £616,028 for semi-detached. Similarly terraced house is around £484,164 and a flat is worth £320,602. Values have been changing and have risen £1,171 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,639 in last 6 months, £60,179 in last 1 year, £100,350 in last 2 years, £137,831 in last 3 years, £150,549 in last 4 years and £150,412 in last 5 years.
Currently average asking price of a property in Norbury is around £505,099 based on approximately 242 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,405 per month.
Estimated property value in Norbury is £510,301. Average asking price is £505,099 while average price paid is £383,221 which is up by £60,179 and Avg. asking rent £1,405.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Norbury area. In last 1 year alone average price buyer paid is around £383,221 based on approximately 242 sales in Norbury area alone. If you compare it to last 3 years sales of 660 properties where buyers paid around £355,910. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £333,322 for 959 and average amount paid for purchase of approx. 1,240 properties sold in last 7 years comes to about £319,174 per sale.